Spirit Airlines and Frontier Airlines agreed Wednesday to abandon their merger proposal, opening the way for JetBlue Airways to acquire Spirit after a months-long bidding war for the budget carrier.
Tony Dzwonar had just wrapped up three consecutive terms on the Washington Township school board—serving from 2008 to late 2020—and was looking for a way to spend his extra free time. Then he remembered that the district—like most school corporations—needed bus drivers.
For months, motorists have felt the pain of high gasoline prices. Many might not know that they’re also absorbing the impact of much costlier diesel in the form of higher priced goods.
Uber has long defended itself by asserting that it can’t be held responsible for behavior of its drivers, who aren’t employees but rather are contractors.
Strong demand for travel is giving U.S. airlines a financial boost as the industry battles through reduced flight schedules, higher fuel and labor costs, and concerns about the effects inflation could have on consumer spending, airlines officials said this week.
At issue is a competing bid for Spirit from another budget airline, JetBlue, which is offering about $1 billion more for Spirit.
In the U.S., the rate of cancellations over the last two weeks is up 59% from the same period in 2019, before the pandemic, likely due to a combination of weather, staffing shortages and air-traffic issues.
More than 2,800 flights within, into or out of the United States were delayed as of Saturday afternoon, according to the flight-tracking website FlightAware.
Any new regulations the National Highway Traffic Safety Administration might impose would fill what critics say is an urgent need to address the growing use of driver-assistance systems on U.S. roads.
Pandemic-era problems that hobbled the national air system as it struggled to regain footing last summer have not abated, despite pledges from airline executives of a renewed focus on reliability.
Criticism of the government agency could serve as a pre-emptive defense in case airlines again suffer thousands of canceled and delayed flights over the holiday weekend.
The protest, which the union said drew up to 1,300 Southwest Airlines pilots, was the latest example of airline workers trying to put pressure on companies by taking their demands for higher pay directly to the flying public.
Shareholders of Miramar, Florida-based Spirit are scheduled to vote June 30 on a bid from Frontier Airlines, and JetBlue is trying to convince investors to scuttle the agreement and drive Spirit into JetBlue’s arms.
While most carriers are enjoying bumper sales as customers flood back following the lifting of COVID curbs, taking leisure trips and catching up with friends and family, there are doubts about how long the surge will continue as high fuel prices push airlines to hike fares.
Transportation Secretary Pete Buttigieg said his department could take enforcement action against airlines that fail to meet consumer-protection standards, although he thinks that won’t be necessary.
Indianapolis-based Langham Logistics is set to open a 150,000-square-foot warehouse in Whitestown to serve pharmaceutical and biotech companies—and their suppliers—who need cold storage, meaning anything from chilled space to ultra-low-temperature freezers.
The Indianapolis Airport Authority has committed at least $5 million over the next two years to try to attract new domestic and international non-stop flights, with an emphasis on the latter.
A senior administration official said the Centers for Disease Control and Prevention would reevaluate the need for the testing requirement every 90 days and that it could be reinstated if a troubling new variant emerges.
Goodyear wouldn’t recall the tires even as late as March of this year, despite investigators finding that their failure caused crashes that killed eight people and injured 69 others from 1998 through 2009.
JetBlue said Monday that it will now provide a $350 million reverse break-up payable to Spirit if a deal between the two isn’t completed for antitrust reasons.
